JPMorgan Global issues new shares at 601 pence each

Published 17/01/2025, 15:00
JPMorgan Global issues new shares at 601 pence each

LONDON - JPMorgan Global Growth & Income PLC has issued 150,000 new ordinary shares today, priced at 601.00 pence per share, under its existing block listing facility. This transaction has increased the company's total issued share capital to 513,102,308 shares.

The shares were issued for cash and are part of a block listing facility that was established on May 24, 2024. Following this issue, JPMorgan Global Growth & Income PLC has 2,914,140 ordinary shares remaining under this specific facility. The company also has access to a larger block listing facility for 25,000,000 ordinary shares, which was dated December 19, 2024.

Shareholders can use the total issued share capital figure of 513,102,308 as the denominator for calculations to determine whether they need to notify their interest in the company or any changes to their interest under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

JPMorgan Global Growth & Income PLC has stated that it does not hold any ordinary shares in treasury. Furthermore, the company has committed to re-issuing shares held in treasury only at a premium to the net asset value at the time of the issue.

This information, based on a press release statement, is in accordance with the regulations of the London Stock Exchange (LON:LSEG) and has been disseminated for public knowledge and investor consideration.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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